CCP warns consumers of risks associated with mobile app-based micro-loan facilities
Islamabad: The Competition Commission of Pakistan (CCP) has warned and cautioned the general public about the rising trend of mobile app-based micro-credit...
Packages posts 50% increase in revenue but profits remain stable
High financing cost due to rising interest rates held back the business giant’s profits
Pakistan removes advance payment condition for imports of hundreds of items
KARACHI: Pakistan has removed restrictions on the import of 826 items that were imposed between 2017 and 2022.
This move includes removing the...
Despite international pressure, Pakistan proceeds with the second phase of CPEC
With one risky decision after another, it seems like the govt is fighting a battle against default, but on the side of default!Â
Potential TikTok ban sends advertisers scrambling
Advertisers are seeking any assurances from TikTok, the viral app that helped usher in a wave of short-form video across social media,...
Pakistani gold demand jumps as prices rebound
Gold prices in Pakistan rose on Saturday, in line with a surge in international prices, which sparked concerns over expensive imports and...
India, Australia aim to boost critical mineral trade in broader deal
India and Australia aim to expand trade in critical mineral to help them achieve their goals on reducing carbon emissions, as they...
Saudi Arabia posts budget surplus of $27.68bn in 2022
Saudi Arabia recorded a budget surplus of 103.9 billion riyals ($27.68 billion) in 2022, beating its own estimates, as higher oil prices boosted...
FrieslandCampina Engro posts Rs177m profit for 2020
FrieslandCampina Engro Pakistan Limited (FCEPL) on Tuesday announced its financial results for the year ending 31st Dec 2020.
"The business continued its strong...
DRAP allows AGP Limited to import Russian coronavirus vaccine
KARACHI:Â The Drug Regulatory Authority of Pakistan (DRAP) has authorised AGP Limited, a Pakistani pharmaceutical company, to import and introduce Russian coronavirus vaccine,...
Waves submits EOI to purchase Heavy Electrical Complex
Waves Singer Pakistan Limited has shown an interest in acquiring 96.6pc shares of Heavy Electrical Complex (Private) Limited (HEC).
According to a statement...
China’s Huawei in talks to sell premium smartphone brands P and Mate
China’s Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct...
Karachi-based Bazaar Technologies secures $6.5m in seed funding to digitise mom-and-pop stores
With recent funding, Bazaar plans to expand its footprint across Pakistan, build its product capabilities and offer value added services to customers
Unity Retail raises seed round from Boston Equity Partners
The company graduated from the fifth batch of The Nest I/O
Elon Musk overtakes Bezos to become world’s richest person
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.
A 4.8pc rally in the...